
If the Fed reduces interest rates in the fall, will inventory rise?

If the Fed reduces interest rates in the fall, will inventory rise?
NJ Spotlight NewsExperts say much depends on interest rates

The trend is attributed to rising interest rates and prices as well as low inventory

Home prices are expected to continue to pull back in 2023

Tolls on NJ Turnpike and Garden State Parkway to increase in January

And lack of inventory remains a big issue

Lakeland Bank agrees to pay $13 million over discrimination claims
NJ Spotlight NewsData from New Jersey Realtors shows home sales slowed in nearly half the state’s counties

Robert White, president of New Jersey Realtors, assesses the market

New U.S. home construction fell sharply in July, down 9.6% compared to a year ago

CHIPS Act would provide $52 billion in subsidies to companies looking to build domestic chip plants

Congressman Frank Pallone said oil companies are making billions of dollars, and are using their high profits to benefit shareholders and not consumers

People ‘forced to double up or triple up or live in unsafe housing conditions in order to keep a roof over their head’

Buyers are coming from northern NJ and neighboring states

May 3 marked the start of the grant application period for Phase 4 of EDA’s small business assistance program

Data from the New Jersey Realtors Association showed that January sales of single family homes were up nearly 18%, with prices of those homes closing ...

Biden's executive order directs federal agencies and departments to buy their goods and services from US companies. NJ already has more than 1,000 manufacturers which ...
(NJ Spotlight News)
A deep dive into the New Jersey housing market, and this week's top business headlines

Business Correspondent Rhonda Schaffler brings you today's New Jersey business news.